Volume 6 Crimson Chapter 35 Chill
After the game against Manchester City, the media lost interest in continuing to hype up Bendtner's feud with Forest. Bendtner lost the gamble and paid for all his teammates to drink. He seemed to have forgotten the game he had experienced at the City Stadium and a smile resurfaced on his face. Although he lost the game and lost the game, he had a better relationship with his new teammates. It can be regarded as a gain and a loss.
Nottingham Forest fans were no longer talking about the player who no longer belonged to Forest, but if Bendtner returned to the city with Manchester City again, he would still hear loud boos. His performance in this game has long been deeply ingrained in the hearts of Forest fans.
Nottingham Forest's players will no longer talk about the games that have passed, although that game has generated a lot of talk.
George. Wood's goal was named the best of the round and was repeatedly shown in a series of highlights produced by television. Kicic has also been favoured by the media because he has only been in the Premier League for a month and has already scored a goal for Forest in his second appearance, and it was the winning goal in the end.
As soon as this league game ended, Donn took the team to Kyiv, Ukraine, to participate in the second match of the group stage of the Champions League.
It's just October, and the temperature in Kyiv is cool and pleasant, perfect for outdoor sports.
Although it was a Champions Cup, considering the strength of Dynamo Kyiv and the situation of the team itself, Donn decided to rotate. Replaced the entire main squad for the game against Manchester City. Relying on the second lineup, Forest won 1-2 away at Dynamo Kyiv, winning two games in a row and getting off to a good start in qualifying from the group.
The question of getting the team's fitness out again after consecutive games β it's actually not better, and Forest's fitness reserves have been below the safety line since the international team game until now.
Back in England, Forest were held to a 0-0 draw at home by Middlesbrough.
After seven rounds, Forest are fourth in the league with 14 points, even behind promoted Maher City. Hull City have won three in a row since a five-goal defeat to Nottingham Forest in the second round of the league, with four wins and one draw in the last five league games, and are third in the league table, beating Nottingham Forest with the same points. It has become the biggest dark horse since the start of the new season.
Even Don sometimes laments the impermanence of the world. Hull City, who were beaten by them in the second round of the league, can now be ranked on top of them. Ranked among the top three.
But he is not worried that Hull City can really threaten his team. It's normal for these promoted horses to be at the top of the season at the start of the season with a lot of momentum and people who don't know about them. But staying power is what tests these teams. Wasn't Wigan Athletic also known as the "dark horse" in the first place? What now? The team led by the coach who adores him is also pushing for a return to the Premier League in the Championship.
To put it bluntly, the top league of football is a game for the rich, without a certain economic foundation, it can only be brilliant for a short time. In the end, it will be ruthlessly eliminated. No matter how strong the team is, if it has no money, it will inevitably be divided by strong teams and become a "player supermarket".
Think Parma in Italy, think Leeds in England...... Although he knew that Hull City did not pose any threat to him, he also knew that the league was a long battle, not a start, but a halfway run and a final sprint. But Donn is still unhappy with the team's current situation.
In the summer, due to such and such things, the recruitment plan was too chaotic, and there were few goals to achieve in the end. As a result, the team is now stretched thin in terms of personnel arrangements, and the league has only been started for two months, and it has become like this, and there is a more cruel winter to come. When the time comes, Don doesn't know what will happen to the team. He had to plan ahead.
He decided to go to Evan to discuss the funding needed to bring in players for the winter transfer window.
Speaking of Evan, he remembered that he had rarely seen Evan's shadow in the past month. He was previously based in Nottingham. He has rarely been seen in Wilford in the last month. Among the people he rarely saw was Alan. Adams.
What are you busy with? But luckily they're all in Nottingham these days. Don decided that it would be better to hit him and immediately go to Evan for it.
β»β»β» In Evan's office, Don meets Alan again. For this business partner who has always been with Evan, Don is no longer surprised. He said hello to Allen and put forward his idea straight to the point.
'Evan, you see the state of the team as well. Injuries and lack of fitness have led to a lot of games where I have to find a full line-up. I think we should bring in at least three players during the winter break, especially in midfield......
As soon as he finished speaking, Evan and Alan glanced at each other, then spread out their hands with a wry smile: "Tony." I'm afraid I won't be able to meet your request this time......"
Donn was curious: "Why? β
Evan continued to smile wryly: "We have no money. β
"No money? I don't understand, isn't the club's financial situation still good? β
Alan got up from the couch: "To put it simply, you can still take out the necessary expenses to run the club, but then take out the extra money to buy new players...... Somewhat difficult. Do you watch the news, Tony? β
"I only look at sports ......"
Alan sighed: "The financial crisis has come. β
Don was a little confused. He couldn't tell the difference between a "financial crisis" and an "economic crisis", both seemed to him to be the same. He had only two chances to learn about these crises, once when he was in middle school, when he learned from a history textbook about the economic crisis of the thirties of the last century, and the financial crisis that broke out in Southeast Asia in 1998. But as an ordinary person living in Chinese mainland, even the most recent year 1997 had little impact on his life, and he could not have a more intuitive impression of this crisis. What exactly is a financial crisis, and what kind of impact can it have on my life?
Now he has the opportunity to see it in person.
"There is a sub-credit crisis in the United States, and it is only a matter of time before this crisis spreads to the world. Mr. Evan's business in the United States has been hit hard. The subprime credit crisis was caused by the housing bubble in the United States, and Evan's company was a real estate investment ...... in the United States."
Evan picked up Alan's words: "In short, Tony. My company in the U.S. went bankrupt. β
"But hasn't your business in the U.S. always been separate from the club's business?" Donn asked. He still didn't understand what Evan's U.S. corporate bankruptcy had to do with the club.
"It's separate. But in fact, my business in the U.S. can support the club. This summer, we invested heavily in China, and the spread was too big for the money to keep up. Now that the business in the United States is down, our money chain is broken......" Evan said as he sat in his chair and said with some frustration.
Donn felt that he had somewhat figured out the situation. Although the business in various places is separated, in fact, there has always been a connection, the business in the United States can supplement the operation of the club, and the profits of the club can also be divided into investment projects in Chinese mainland.
From the United States to the United Kingdom, and then to China, this is indeed too big for a team that is not yet a giant club and lacks a financial base...... Now, if something goes wrong in one place, it affects the rest of the world. Of course, if something goes wrong with Chinese investment, it will have the least impact on the other two places...... "If business wants to be big, you can't let money stay in one place." So all the money is in constant turnover...... Now that something is wrong on the American side, the chain is broken......" Allen's words confirmed Donn's speculation. "We've been in the U.S. for the past month."
Don cautiously asked, "How bad is the situation?" β
Evan smiled, but bitterly, "It's not too bad right now." But as this crisis ripples across the globe, I think it could be bad...... In fact, the sub-credit crisis manifested itself in the United States last year, but at that time I was relatively optimistic that the economy could not collapse and that the self-regulating function of the market could resolve the crisis. And there were a lot of people who were as optimistic as me at that time. But in reality we all underestimated the energy of that crisis. Last year was just a crisis, and this year it has turned into a storm after snowballing in the financial markets of Europe and China......"
"Will the club go bankrupt?" Donn didn't understand the proper nouns that Eren was going to say, he only cared about one thing.
"I'm not sure." Alan shook his head and said.
"That's really bad...... Donn muttered.
Seeing that the atmosphere was a little silent, Evan clapped his hands and smiled, "Okay, the situation isn't that bad after all, is it?" I've ended all business in the U.S. and now this club is my only business. I'm not going to let this club go bankrupt anyway. β
Don looks at Evan with a forced smile. Dogerty, who is always confident but at a loss at this time. Adams. "How can I help?"
Evan smiled, "It's okay to lead a good team, Tony." You don't have to worry about business matters, but you don't actually care about it. Didn't I say that? No matter how bad it gets, I'm going to keep this club. Because it's my last stand. β
What else could Don say? Originally, I wanted to ask for money, but now I can't continue to make that kind of request. He said goodbye to the two men and returned to the team alone.
He lamented the impermanence of the world. Allan. Adams and Evan. The duo returned from Asia in the summer, and on the plane they painted him a picture of the exciting prospect of Nottingham Forest. Unexpectedly, in just two months, things have changed dramatically. The company in the United States has gone bankrupt, the cash flow is not working, the plan has become a plan, and there is no possibility of it becoming a reality at present.
And what can he do? How do you make money as a club? Naturally, it's the TV share and sponsors, as well as the revenue from ticket and merchandise sales...... And all these profit points will be implemented in one point - achievements.
If the team does not do well, the TV broadcast revenue will plummet, sponsors will not favor it, ticket and merchandise revenues will decrease, and the prize money for winning the game will fly.
Don felt the burden on his shoulders heavier, and his heart was heavy, and he couldn't take it easy anymore.
In fact, even if Nottingham Forest were to go bankrupt, he could have jumped ship and left, and with the results he had already led the team, he could get a high-paying managerial position at any club in the world. Even now, there are several teams brandishing cheques hoping that he will join. He never had to worry about starving to death one day. At the beginning of the crossing, he thought that if he didn't work hard and succeeded, he would lose his job, and he died of hunger and cold on the streets, and that kind of tragedy would never happen to him again.
He doesn't have to bear any psychological pressure or guilt for Nottingham Forest's bankruptcy and re-sinking. But he just can't let go of the team he brought out with his own hands, and he can't let go of the fans who trust him and worship him. As a traditional Chinese, he values affection and righteousness.
Evan and Alan were good to themselves, and he couldn't do anything to betray them. He wanted to help them as much as he could.
Evan says Nottingham Forest is his last ground now and Donn is willing to use the team as his last one.
I don't run a club, I'm not a business genius, and I can go to the supermarket to make mistakes and get a headache when I see a lot of complex numbers.
I will only lead the team to play, and there is a bonus for winning games, a bonus for being at the top of the rankings, and a bonus for winning the championship...... I can only make money for the club and get through it in the way I am good at.
β»β»β»Tony. Donn, who doesn't care about anything but football, didn't know there was such a financial crisis until now. In fact, the worldwide financial panic has been going on for almost a year.
The real estate market has been hit hard, stock market indices have plummeted, credit companies have gone bankrupt, and currencies have depreciated...... Like a storm, it began to emerge and develop in 2007, and finally swept the world, and then reached ** in the second half of 2008.
In the first half of 2008, global markets were still in the optimistic range that the worst of the subprime mortgage crisis was over. But in the second half of the year, the situation took a turn for the worse.
In August, Germany announced a profit warning. Subsequently, it was estimated that there was a loss of 8.2 billion euros, because a 12.7 billion euro "Rhineland Fund" participated in the subordinated credit investment business in the United States.
The U.S. Home Mortgage Investment Corporation, the 10th largest mortgage lender in the United States, formally filed for bankruptcy protection with the court on 6 August, becoming the second large mortgage lender in the United States to file for bankruptcy after the New Century Financial Corporation.
On 8 August, Bear Stearns, the fifth-largest investment bank in the United States, announced the collapse of two of its funds, also due to the subprime mortgage crisis.
On 9 August, BNP Paribas, France's largest bank, announced that it would freeze three of its funds, also suffering huge losses because of their investment in US subprime mortgage bonds. The move sent European stock markets tumbling.
On 13 August, Mizuho Group, the parent company of Mizuho Bank, the second largest bank in the capital, announced a loss of 600 million yuan related to subprime mortgages in the United States.
In the past, people still thought that with the United States and other economic powers, the economic situation would not be so miserable. But now the harsh reality is in front of everyone, and the financial crisis is not an alarmist prediction, but a reality.
Actually these things are far away from Tony. Donn's life is still far away. However, after entering October, an incident happened that changed his original life and work to a certain extent.
Lehman Brothers Investment Bank, which provided loans for Nottingham Forest's new stadium to invest, has filed for bankruptcy protection.
In the UK in October, Donn also felt a chill.
β»β»β»psγ Today's chapter is hard to write, and I don't know if it's the right one. After all, finance is not my area of expertise, and I try not to touch areas that I am not good at, but I must write this chapter today because it involves the future development of the Forest Club. It's a foreshadowing and background explanation. The result of looking for information everywhere is that the more you search, the more dizzy you become, and the interlacing is like a mountain. I can only write and make it up.
The timing of some events is different from reality, but it doesn't matter, it's all empty YY anyway, it's different and normal, and adjusting these times for plot service is also a regular means...... As for the low-level mistakes and hard injuries made in other professional fields, don't pay attention to it, just look at the jokes that the layman doesn't know how to pretend to understand, the key is to understand the spirit - Nottingham Forest Club has been a bit annoying lately.
In addition, if there are mistakes, please correct them.,Although the VIP chapter can't be modified because of the number of words and the price involved.,But it's a lesson for me, an economic idiot.γ
(To be continued)